operations improvement

CxO To Go RECENT SUCCESSES

New eCommerce Customer

CxO To Go is working with an upcoming eCommerce retailer building a unique, destination site for olive oils, balsamic vinegars and specialty/gourmet foods.

CxO To Go Sells a Client Company

CxO To Go sold a client company for 19X EBITDA. After working with them for 2 years, their dream came true and they got "The Big Check".

2011 CFO of the Year

Our CEO Marty Koenig was nominated and a finalist for Denver Business Journal 2011 CFO of the Year. Congrats, Marty!

CxO To Go Secures Financing for Two Clients

We secured favorable financing for two CxO To Go clients in this difficult lending environment. Using our BankSell™ package.

Colorado APEX Award

(2010) CxO To Go received an APEX award, the Oscars of Colorado's technology industry.

"The Dean"

Marty Koenig, our CEO is appointed “Dean of the University of Entrepreneur” for Angel Capital Summit. Ongoing meetups and Dec. 6 & 7.

Strategic Company Sale

Update.... CXO To Go led the sale of a client company to a Blackstone Group portfolio company. Results: 51% CAGR. 583% ROI on our CFO Services. Sold for 19X EBITDA!

CFO of the Year Nomination

Keith McAslan of CxO To Go nominated for Denver Business Journal's 2010 CFO of the Year. See press releases for details.

Strategic Planning

CxO To Go completed strategic planning workshops for a client where they are the part-time CFO/COO. Our customer is expanding and hiring 8 new people.

Selected as Part-Time CFO

CxO To Go selected as part-time CFO for a Denver-based eCommerce company to get it ready for sale and a "big check" for the owners.

Investment Banker

CxO To Go was selected as the investment banker to market and sell a home health care agency.

Closed a $600K Line

CxO To Go closed a $600K revolving credit facility to help their client grow at higher velocity to sell in a couple years for the maximum possible.

Closed a Joint Venture

CxO To Go closed a joint venture for a manufacturing start-up with a strategic partner in the oil and gas field service business.

Sells $60M Business in 60 Days

CxO To Go completed the sale of Western Forge for $60 MM, closing on Dec. 31, 2009 - $old it in 60 days! 13X EBITDA.

400% Increase in Sales

“CxO To Go possesses top-of-the-line business coaching skills. They increased my sales 400% in just 4 months!” - R. Voss, CEO, Green Building Guild

CXO To Go Blog

Interesting stuff we write or find that helps people do what they love.

operations improvement

Oct 24

2009

How To Avoid a Big Financial Surprise from H1N1

Posted by Marty Koenig in operations improvement , H1N1 financial impacts , H1N1 business , financial scenarios , financial forecasting , colorado cfo , business impacts of H1N1 , business h1n1

Do you know what will happen if your company ignores the H1N1 virus? The financial impacts could be devastating. There are tons of articles on H1N1 business preparation. I have not seen a single one on corporate financial business preparation for H1N1. That's why I wrote this. The most successful CEOs and CFOs are planning for the worst. They understand what their financial results could be if it gets bad. They feel good because they are financially prepared and have done risk analysis and financial scenarios. They determine what will happen if their customers aren't buying because they're sick. They figure out in advance what can happen to their company's financial position if they can't deliver their products because many of their employees are sick or out taking care of loved ones. Business owners and CEOs that aren't paying attention will be in for surprises.

As a business owner or CEO, you have to make a choice right now. You can ignore this and hope your company won't be financially affected. Or you can get proactive, assume the worst, and figure out in advance the financial impacts H1N1 could have on your company. Do it yourself or get help.

CxO To Go can help business owners/CEOs by forecasting financial impacts. That way you know in advance what could happen. We help you eliminate surprises. Contact Sales@CxO To Go or call 303.995.4523 for assistance. When you do the right things, your employees, bankers and lenders appreciate you and get a good feeling that you're on top of it. That's worth money.

Comment (0) | Read More...

Feb 24

2009

Do I need excellence?

Posted by Marty Koenig in profitability , operations management , operations improvement , cxo to go , cxo , cash flow , business process improvement , business excellence , bpo

Benefits of Running an Excellent Company

Q: OK, I keep reading all this stuff about making improvements so I can achieve “Business Excellence”. Why should I care?

A: If you are happy going to your company, getting through the day, putting out the fires of the day, making some money, staying late to work on email and personnel issues and bookkeeping and restocking and inventory and paying bills and “oiling the machines” then business excellence is not for you. If you feel unhappy about how long things take and are spending your time on less valuable, menial tasks, then business excellence can help you and your company get better at doing things and get better at deciding which things to do and when.

A good Business Excellence Model covers all areas that produce results for your company. Sometimes the results are not what you want, you’ll want to you take a good look at all things in your company that produce results, those are called the enablers. Walk with me through a day in the life of a result.

Usually a poor result is a symptom of something wrong upstream. Say you’ve had to drop prices because of increasing competition. Every business has competitors. You probably know who and what they are. If not, take some time and think about it. You’ll be surprised at how much more there is to know about your competitors.

Comment (1) | Read More...

Click here to check out
The University of Entrepreneur!